HC Wainwright Comments on Galiano Gold FY2026 Earnings

Galiano Gold Inc. (NYSEAMERICAN:GAU) – Analysts at HC Wainwright issued their FY2026 earnings estimates for Galiano Gold in a research report issued on Wednesday, March 19th. HC Wainwright analyst H. Ihle anticipates that the company will post earnings per share of $0.61 for the year. HC Wainwright currently has a “Buy” rating and a $2.80 target price on the stock. The consensus estimate for Galiano Gold’s current full-year earnings is $0.08 per share.

Separately, BMO Capital Markets cut Galiano Gold from an “outperform” rating to a “market perform” rating in a report on Wednesday, January 29th.

Galiano Gold Stock Performance

GAU stock opened at $1.25 on Friday. The company has a 50-day simple moving average of $1.23. Galiano Gold has a 12 month low of $1.07 and a 12 month high of $2.00. The firm has a market cap of $321.45 million, a P/E ratio of -62.50 and a beta of 1.05.

Hedge Funds Weigh In On Galiano Gold

Institutional investors and hedge funds have recently bought and sold shares of the company. Banque Cantonale Vaudoise acquired a new stake in Galiano Gold during the third quarter worth $33,000. The Manufacturers Life Insurance Company purchased a new position in shares of Galiano Gold during the 3rd quarter worth $639,000. De Lisle Partners LLP increased its position in shares of Galiano Gold by 14.0% during the 3rd quarter. De Lisle Partners LLP now owns 815,416 shares of the company’s stock worth $1,154,000 after purchasing an additional 100,000 shares during the last quarter. HighTower Advisors LLC purchased a new stake in Galiano Gold in the 3rd quarter valued at about $36,000. Finally, XTX Topco Ltd purchased a new stake in Galiano Gold in the 3rd quarter valued at about $64,000. 66.82% of the stock is currently owned by institutional investors and hedge funds.

Galiano Gold Company Profile

Galiano Gold Inc engages in the exploration and evaluation of gold properties in Canada. Its flagship asset is the Asanko Gold Mine that covers an area of approximately 21,000 hectares located in Ghana, West Africa. The company was formerly known as Asanko Gold Inc and changed its name to Galiano Gold Inc in May 2020.